AMBC Trade on Feb 27, 2014 12:25 from tomr_BOWS: Tradervue User Stock Trades.

Daily: Rubberband short
Intraday: break support
Gain: +$70 (+1.1%)
Shares: 200
Stop: $32.70
Was on my watch list for a rubberband short and was waiting for an entry. Stock started to weaken at noon and I shorted as soon as 9EMA was broken. Scaledout when price hit VWAP which was also support area on 5-min chart. Stock rebounden and I sold remaining shares when it crossed 9EMA. Was hoping stock would flush below VWAP to $31.50.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-27 12:25:22	AMBC	sell	$32.480	short
2014-02-27 12:36:17	AMBC	buy	$32.060	short
2014-02-27 13:14:21	AMBC	buy	$32.200	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=AMBC&trade=860275&end=20140329&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=AMBC&trade=860275&end=20140227160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

RRJG_BoWs

2014-02-27 23:36:59

Nice, this will be in play again tmrw I bet. I love these parabolic short plays.

AMBC Trade on Feb 27, 2014 12:25 from tomr_BOWS: Tradervue User Stock Trades.

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